International iron ore price keeps stable, and iron ore supply capacity is estimated at 1.52 billion tons this year worldwidely, which for the last year is 1.06 billion tons. China Steel Association: China’s future 100 years will be the largest country for the manufacturing steel products; China’s steel business profit margins are still low; the global […]

Flat steel products and long steel products exported to Latin America increased 8%. The average price increased 33% in January to March of 2017. China exported steel products reduced 26% than the same time last year From January to March, China has exported steel 20.2 million tons worldwide, reduced 26% than the same time of […]

The whole growth rate of global economy has slowed down. The development of oil and gas pipeline industry was affected by the imbalance between supply and demand, oil price reduced a lot. With industry development entered into the lowest point, the high cost of oil and gas exploration projects gradually reduced. The investment in oil […]

The northern area has not already returned to work after the spring festival, steel product price has gradually risen. On February 15th 2017, the spot price of three-level steel rebar rise 220 CNY to 3450 CNY per ton after spring festival in Shanghai. With the steel price fluctuation, the imported ore price increased 50 NY […]

It is always a major topic for China to cut steel capacity, China will ban the low steel and make sure to prevent the steel market into a mess. Chinese steel products price increased because of the reducing capacity policy. Cut steel capacity still have a long way to go. And because of the reduce of the […]

The steel products manufacturers including the steel plate, steel profile manufacturer and steel line pipe manufacturer started well this year, because of the release of the production capacity. According to the data, the national crude steel production was 201 million tons, up 4.6% than last year, the average daily crude steel production was 22.34 million […]